13 Ways To Make Money Online On YouTube 2023
Ever wonder if you can actually make money on YouTube, do you have the skills and talent to deliver successful videos, or maybe you’re also wondering if you can earn or generate enough income on YouTube to make a living? You are only in the right place if you are willing and ready to earn more and generate income from YouTube.
In this article, we shall be considering 13 ways that you use to make money online on YouTube. Key in to discover the perfect fit for you that you can employ to start making money from YouTube.
Before we delve into the list, let’s consider briefly the benefits of having a YouTube channel.
Benefits of having a YouTube channel
There are several benefits that come with owning and running a YouTube channel, part of which include:
- YouTube allows you to get out of your comfort zone
- It offers you the opportunity of a good creative outlet
- Youtube is another source of generating revenue
- It allows for a closer and more personal connection with your audience
- YouTube is a means of generating extra traffic for online businesses
- It also allows you to offer your audience more content that never dies
- For those who specialize in marketing, marketing on YouTube will assist you to be found on Google
- Another benefit you can derive from running a YouTube channel is that it assists you in growing your audience worldwide
- YouTube will also enable your audience to promote you and also buy your product
That being said, let’s dive into the list of the 13 ways to make money online on YouTube. Stay focused and grab the best!
Ways To Make Money Online On YouTube
1. Become a YouTube personality
If you have a quirky idea, or perhaps you are very passionate about your interest, you can never go wrong by developing your YouTube channel and in no time become a YouTube star and make lots of money from becoming a YouTube personality.
2. Monetize your videos with the YouTube Partner Program
After creating several videos, the best way to monetize the videos you created is by joining the YouTube partner program. All you need do is first verify your channel and then enable your channel for monetization and this will enable you to receive your cut of income from advertising on YouTube.
3. Seek sponsorship
There are lots of companies today that provide sponsorship to YouTube channels for direct advertisement. The likes of Audible from Amazon regularly sponsor knowledge-impacting shows such as Vsauce and Vertasium. An added advantage about this amongst other top 13 best ways to make money online on YouTube is that you can receive the sponsored amount directly instead of splitting it with YouTube. In order to get sponsorship you might need to work on a detailed proposal about what you’re able to provide. Ensure you’re well acquainted with your audience and the brand you’re approaching for sponsorship.
4. Selling others’ products as an affiliate marketer
Selling other people’s products in exchange for a commission is simply what affiliate marketing is all about. There are thousands of companies including large companies like Amazon and eBay as well as other small companies who offer attractive deals to professionals in the affiliate marketing field who are willing to promote their products. There are lots of affiliate networks you can join to help you thrive in affiliate marketing as an affiliate marketer. It’s important to link your product in your YouTube description which must be your affiliate as you don’t want to lose credit by neglecting that.
5. Use YouTube to get traffic to your website and blog
For those who either run a blog or website that generates income, you definitely need the traffic to earn progressively. YouTube can be utilized not just for gaining traffic alone, but to also increase the amount of traffic. To achieve this you will need to ensure that you link to your website in the first line of your video descriptions, so you can channel your YouTube traffic to where exactly you desire and want it to go.
6. Create a Web TV series
One way to make money from YouTube amongst the top 13 best ways to make money on YouTube is by creating a Web TV series. If you love storytelling, you can utilize YouTube in turning your stories into a Web TV series. With your YouTube channel, you can create a comedy series, a drama series, or your own talk show.
7. Create products and promote them on YouTube
If you desire to create or you own your own product, YouTube provides countless ways you can utilize in promoting your products and making sales while at it. Parts of the products you can create include eBooks, music, art, apps, and any other product you can think of.
All it requires of you is to create your desired products and add them to a shopping cart and then use YouTube to promote them by adding a link to your product in your video’s description, so your viewers can patronize your product.
8. YouTube tutorials
A tutorial is a huge one on YouTube. If you’re a professional or you have mastered the art of skill, sharing your knowledge with others by way of teaching them would not only help you to make money from it but will help you connect closely with your audience. You can organize tutorials on beauty, exercise or workouts, diets, financial management and generation, and a lot more.
9. Crowdfunding
With the introduction of Kickstarter and Indiegogo, Crowdfunding is becoming more and more common. Crowdfunding can be a great source of making when considering the top 13 ideas on how to make money on YouTube if you have a great idea for a media project on YouTube. Not only does it contribute to generating your initial fund, but it also helps in creating an audience and revenue for running your future projects.
10. Test-market your products
An amazing platform amongst other avenues for conducting market research is YouTube. With YouTube, you can evaluate if your brilliant innovative idea would be profitable or the other way round.
Those who have come up with genius ideas for a product, but lack the fund to execute the idea and requires funding, can with the aid of YouTube create a few videos before creating a kick starter.com campaign.
The number of views and the kind of comments you get on your videos will help you determine if you delivered a valuable idea or not. Your audience on YouTube can even assist you in making your idea valuable so you can attain a successful fundraising campaign.
11. Become an expert on metadata
Metadata simply means the data that gives information about your videos. There are lots of videos that are uploaded on YouTube every now and then and this brings about a huge competition for attention.
It’s therefore, your duty to do everything in your capacity to ensure your videos are found by your targeted audience. Through YouTube, you can become an expert on metadata and get your audience by utilizing keywords.
In order to maximize your presence in search, suggested videos, ad-serving, and promotion, ensure your metadata (keywords) are well optimized in your video’s title, tags, and description. The optimization of the metadata on your videos set the difference between success and failure, so be sure to utilize it efficiently.
12. Scheduled videos
Scheduled videos are also another exciting means among the top 13 ideas on how to make money on YouTube you can opt for if you’re serious about earning a living from YouTube. It makes it easier for viewers to catch your content when you publish it in a specific timeframe and on a regular basis. Having a based audience that would always source for your content is considered very crucial as it ensures your number of views for each video is attained.
13. Build your brand
With YouTube, you have the ability to amplify the better version of yourself. Whatever your job may be or whatever you may specialize on with respect to interest, YouTube can assist you to become famous for your strength and in turn, generate income from it. Even without a clear perspective on how to make money on YouTube, you can begin by creating videos in line with your interests.
Conclusion
Making money on YouTube might not really be your initial reason for commencing a YouTube channel; however, there are exciting opportunities that allow you to build multiple streams of revenue. All you need to do is to master the art of income streams on YouTube and unlock the secrets for major earning potential of which the list of the 13 ways to make money online on YouTube can assist you in making the best choice of option to utilize and generate limitless wealth.